WTI Oil Forecast for 2019 and 2020

2017/02/22. North American WTI oil price forecast for 2019-2020.

It's a continuation of the WTI oil forecast for 2017-2018.

WTI oil price forecast for March 2019.
The forecast for beginning of March 59.51. Maximum price 63.39, while minimum 51.87. Averaged oil price for month 58.10. Oil price at the end 57.63, change for March -3.16%.

Crude oil price forecast for April 2019.
The forecast for beginning of April 57.63. Maximum price 66.56, while minimum 54.46. Averaged oil price for month 59.79. Oil price at the end 60.51, change for April 5.00%.

WTI oil price forecast for May 2019.
The forecast for beginning of May 60.51. Maximum price 69.89, while minimum 57.19. Averaged oil price for month 62.78. Oil price at the end 63.54, change for May 5.01%.

Crude oil price forecast for June 2019.
The forecast for beginning of June 63.54. Maximum price 73.39, while minimum 60.05. Averaged oil price for month 65.93. Oil price at the end 66.72, change for June 5.00%.

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WTI oil price forecast for July 2019.
The forecast for beginning of July 66.72. Maximum price 77.07, while minimum 63.05. Averaged oil price for month 69.22. Oil price at the end 70.06, change for July 5.01%.

Crude oil price forecast for August 2019.
The forecast for beginning of August 70.06. Maximum price 80.92, while minimum 66.20. Averaged oil price for month 72.69. Oil price at the end 73.56, change for August 5.00%.

WTI oil price forecast for September 2019.
The forecast for beginning of September 73.56. Maximum price 82.74, while minimum 67.70. Averaged oil price for month 74.80. Oil price at the end 75.22, change for September 2.26%.

Crude oil price forecast for October 2019.
The forecast for beginning of October 75.22. Maximum price 86.88, while minimum 71.08. Averaged oil price for month 78.04. Oil price at the end 78.98, change for October 5.00%.

WTI oil price forecast for November 2019.
The forecast for beginning of November 78.98. Maximum price 84.62, while minimum 69.24. Averaged oil price for month 77.44. Oil price at the end 76.93, change for November -2.60%.

Crude oil price forecast for December 2019.
The forecast for beginning of December 76.93. Maximum price 82.10, while minimum 67.18. Averaged oil price for month 75.21. Oil price at the end 74.64, change for December -2.98%.

WTI oil price forecast for January 2020.
The forecast for beginning of January 74.64. Maximum price 83.59, while minimum 68.39. Averaged oil price for month 75.65. Oil price at the end 75.99, change for January 1.81%.

Table. WTI Oil Price Forecast By Month.

Year Month Open Max Min Close Average Month%Ch Total%Ch
2019 March 59.51 63.39 51.87 57.63 58.10 -3.16% 7.54%
2019 April 57.63 66.56 54.46 60.51 59.79 5.00% 12.91%
2019 May 60.51 69.89 57.19 63.54 62.78 5.01% 18.57%
2019 June 63.54 73.39 60.05 66.72 65.93 5.00% 24.50%
2019 July 66.72 77.07 63.05 70.06 69.22 5.01% 30.73%
2019 August 70.06 80.92 66.20 73.56 72.69 5.00% 37.26%
2019 September 73.56 82.74 67.70 75.22 74.80 2.26% 40.36%
2019 October 75.22 86.88 71.08 78.98 78.04 5.00% 47.38%
2019 November 78.98 84.62 69.24 76.93 77.44 -2.60% 43.55%
2019 December 76.93 82.10 67.18 74.64 75.21 -2.98% 39.28%
2020 January 74.64 83.59 68.39 75.99 75.65 1.81% 41.80%
2020 February 75.99 84.41 69.07 76.74 76.55 0.99% 43.20%
2020 March 76.74 80.19 65.61 72.90 73.86 -5.00% 36.03%
2020 April 72.90 80.95 66.23 73.59 73.42 0.95% 37.32%
2020 May 73.59 76.90 62.92 69.91 70.83 -5.00% 30.45%
2020 June 69.91 79.82 65.30 72.56 71.90 3.79% 35.40%
2020 July 72.56 83.81 68.57 76.19 75.28 5.00% 42.17%
2020 August 76.19 87.96 71.96 79.96 79.02 4.95% 49.21%
2020 September 79.96 85.77 70.17 77.97 78.47 -2.49% 45.49%
2020 October 77.97 81.48 66.66 74.07 75.05 -5.00% 38.22%
2020 November 74.07 77.41 63.33 70.37 71.30 -5.00% 31.31%
2020 December 70.37 78.64 64.34 71.49 71.21 1.59% 33.40%
2021 January 71.49 81.69 66.83 74.26 73.57 3.87% 38.57%
2021 February 74.26 77.60 63.50 70.55 71.48 -5.00% 31.65%
2021 March 70.55 81.49 66.67 74.08 73.20 5.00% 38.23%

Crude oil price forecast for February 2020.
The forecast for beginning of February 75.99. Maximum price 84.41, while minimum 69.07. Averaged oil price for month 76.55. Oil price at the end 76.74, change for February 0.99%.

Oil Price Today.

WTI Oil Price Forecast For Tomorrow and This Week.

WTI oil price forecast for March 2020.
The forecast for beginning of March 76.74. Maximum price 80.19, while minimum 65.61. Averaged oil price for month 73.86. Oil price at the end 72.90, change for March -5.00%.

Crude oil price forecast for April 2020.
The forecast for beginning of April 72.90. Maximum price 80.95, while minimum 66.23. Averaged oil price for month 73.42. Oil price at the end 73.59, change for April 0.95%.

 

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